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Apartment in Estepona, 3 bedrooms, 95 m² €425.000

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3
Bedrooms
2
Bathrooms
95 m²
Surface area
€
€4474
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 95 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 95 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 95 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 95 m² - Afbeelding 3
+13 photos

Analysis

Price
€425.000
Own investment (30%)
€127.500
Buyer costs
€42.500
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€793,33
Maintenance costs
-€79,17
Cleaning costs
-€333,33
Platform fees
-€493,94
Municipal taxes
-€102,81
Tax (19%)
-€283,16
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€164,03
High season
€220
Mid season
€160,58
Low season
€130

Price determining factors

  • Proximity to beaches and town center: Highly desirable location.
  • Area development: Ongoing urban improvements increase property value.
  • Property features: Modern amenities and potential for rental income.
  • Market demand: High demand for holiday and investment properties in Costa del Sol.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

11.36%

5 Year Return

56.80%

10 Year Return

113.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interior with recent renovations enhances appeal.
  • Local market trends in 2027: Expected growth in tourism and real estate demand in Estepona.
  • Property type: Apartments in high-demand coastal areas tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
  • Demographic developments: Increasing population and tourism influx bolster demand.
  • Infrastructure plans in 2027: New boulevard, promenade, and parking facilities improve accessibility and attractiveness.
  • Historical WOZ value trends: Consistent increase in property values in Estepona over recent years.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Add smart home features for increased convenience.
  • Improve outdoor space or terrace to enhance outdoor living.
  • Upgrade windows and insulation for better energy efficiency.

Description

Discover this exclusive 95m2 apartment in the heart of Estepona, Spain, perfectly situated just 50 meters from the stunning beaches of Costa del Sol. Located on a vibrant and historic street near Calle Real, this modern flat offers a prime opportunity for buyers seeking a property in Estepona with exceptional potential. The spacious layout includes three bedrooms, two bathrooms, a welcoming hall, a bright living-dining area, and a fully equipped kitchen. An inviting terrace overlooks the communal courtyard, while large windows in the living room flood the space with natural light, enhancing the home's warm and airy atmosphere. Situated in a recently constructed building with only a few residences, this property benefits from a lift and the possibility of securing a garage nearby for an additional fee. The area surrounding the apartment is undergoing a significant transformation, featuring a new boulevard with private and public parking, creating a lively environment with great tourist and commercial interest. Its strategic location places it just behind Calle Real, close to the new Avenida Juan Carlos I promenade and within walking distance to Estepona’s charming town center. This Estepona property is ideal for investors, holidaymakers, or permanent residents looking for a modern home in a sought-after location on the Costa del Sol. Take advantage of this rare opportunity to own a property in one of Spain’s most attractive coastal towns, with all amenities, the beach, and vibrant local life at your doorstep.

Location

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